CBL & Associates Properties Inc (CBL.N)
17 Dec 2018
Latest Key Developments (Source: Significant Developments)
Aug 1 (Reuters) - CBL & Associates Properties Inc
June 8 (Reuters) - CBL & Associates Limited Partnership::CBL & ASSOCIATES LIMITED PARTNERSHIP SAYS ON JUNE 4, WAS NOTIFIED BY IKEA IT WAS TERMINATING THE CONTRACT TO PURCHASE LAND AT CARY TOWNE CENTER.CBL & ASSOCIATES LIMITED PARTNERSHIP - NON-CASH IMPAIRMENT IS ESTIMATED TO BE IN RANGE OF $52 MILLION TO $62 MILLION AND WILL BE RECORDED IN Q2 OF 2018.CBL & ASSOCIATES LIMITED SAYS IMPAIRMENT REQUIRED AS UNLIKELY CO ABLE TO RECOVER ASSET'S NET CARRYING VALUE OF $87.4 MILLION THROUGH FUTURE CASH FLOWS. Full Article
Nov 2 (Reuters) - Cbl & Associates Properties Inc
Sears Holdings Corp is preparing to file for Chapter 11 bankruptcy protection in the coming days following years of declining sales, sources said on Wednesday, casting doubt over the survival of what was once the world's largest retailer.